Acton Institute Powerblog Archives

Post Tagged 'micro-enterprise'

Microfinance Challenged

PowerBlog has in the past endorsed the concept of micro-loans as a market-friendly and thereby effective way of aiding the poor, especially in developing countries. Now Arneel Karnani has attacked microfinance in a prestigious publication, largely on the basis of macroeconomic data. Continue Reading...

Giving Credit where Credit is Due

An snippet from Ecumenical News International: Presbyterians invest $1 million in church ‘bank’ that helps poor New York (ENI). The Presbyterian Church (USA) has invested US$1 million in Oikocredit, an organization established by the World Council of Churches that assists people in poor countries start small businesses. Continue Reading...

The Cartwrights and Cowboy Compassion

I was watching my favorite rerun on TV Land the other day, Bonanza. If you don’t know Bonanza, you should. It’s perhaps the classic TV western, and I was watching episode #68 from Season Three, “Springtime.” One of Ben Cartwright’s friends, Jedidiah Milbank is injured during a roughousing mud-wrestling match between Adam, Hoss and Little Joe. Continue Reading...